Diamond Offshore Closes Senior Note Offering

Diamond Offshore Drilling Inc. (NYSE:DO) has completed the offering of $250 million of the Company's 5.15% senior unsecured notes due Sept. 1, 2014. The transaction resulted in net proceeds to Diamond Offshore of approximately $248 million.

The notes have not been registered under the Securities Act of 1933 or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.